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Will Alex Jones face new legal action over Infowars bankruptcy by end of 2025?
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The Onion•Infowars•Alex Jones•Christopher Lopez•Sandy Hook Elementary School•Jones•Onion•Global Tetrahedron•Sandy Hook•Austin•Texas
Resolution / Starting Odds
Yes • 50%
No • 50%
Court filings or legal news reports
Story
Judge Rejects The Onion's $7M Infowars Bid Over Flawed Auction and Sandy Hook Families' Interests
Dec 11, 2024, 06:10 AM
A federal bankruptcy judge has rejected The Onion's $7 million bid to acquire Infowars, the media platform founded by conspiracy theorist Alex Jones. Judge Christopher Lopez ruled that the auction process was flawed and lacked transparency, leaving 'a lot of money on the table' for the creditors, including the families of the 2012 Sandy Hook Elementary School shooting victims to whom Jones owes $1.5 billion. The Onion's offer, made through its parent company Global Tetrahedron, included $1.75 million in cash and $5.25 million from the Sandy Hook families using funds from their defamation judgment. The Onion had planned to evict Jones and relaunch Infowars as a parody in January. The ruling allows Alex Jones to continue operating Infowars from its Austin, Texas headquarters for now. Jones celebrated the decision, calling the auction 'ridiculous' and 'fraudulent,' and accused the process of being 'fraught with illegal collusion.'
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Similar markets
No • 50%
Yes • 50%
The Onion wins appeal • 25%
Auction is redone • 25%
Other outcome • 25%
Alex Jones retains ownership • 25%
Sale to another party approved • 25%
Sale to The Onion approved • 25%
New auction ordered • 25%
No sale approved • 25%
Auction process upheld • 25%
Settlement reached • 25%
Auction process overturned • 25%
No resolution • 25%
Alex Jones • 25%
Other entity • 25%
The Onion • 25%
Another media company • 25%
Judge rules in favor of Jones • 25%
Judge rules against Jones • 25%
Ongoing litigation • 25%
Settled out of court • 25%
The Onion • 25%
Auction trustee • 25%
Alex Jones or related entities • 25%
No legal consequences • 25%
Transferred to creditors • 25%
Remains with Alex Jones • 25%
Sold to new owner • 25%
Other outcome • 25%